Who fills in your tax forms?

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Who fills in your tax forms?

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Did you collate your own Self Assessment tax return this year?

Yes, it's 'Self Assessment' afterall

81%

[ 9 ]

No, what do you think accountants are for?!!

18%

[ 2 ]

Total Votes : 11

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Rob R

Joined: 28 Oct 2004
Posts: 31902
Location: York

Posted: Mon Jan 31, 05 8:43 pm Post subject: Who fills in your tax forms?
With the Inland Revenue & H.M. Customs & Excise seemingly causing so much stress to some people, I just wondered...

jema
Downsizer Moderator

Joined: 28 Oct 2004
Posts: 28248
Location: escaped from Swindon

Posted: Mon Jan 31, 05 8:45 pm Post subject: Re: Who fills in your tax forms?

Rob R wrote:

With the Inland Revenue & H.M. Customs & Excise seemingly causing so much stress to some people, I just wondered...

I have to have an accountant as its marsjupiter ltd i run, and my tax return comes as a freeby with the compnay accounts.

jema

Treacodactyl
Downsizer Moderator

Joined: 28 Oct 2004
Posts: 25795
Location: Jumping on the bandwagon of opportunism

Posted: Mon Jan 31, 05 9:40 pm Post subject:
When I had an accountant they did my self assessment once and got it wrong! I spotted the error after six months and claimed a large rebate. I had to learn what to do and have done my own returns and OH's for the last few years. I've always used Which? Tax Calc, or Intuit as it is now known, and filed over the web. Unfortuenately they are going to stop making Tax Calc I think.

Lloyd

Joined: 24 Jan 2005
Posts: 2699

Posted: Mon Jan 31, 05 10:11 pm Post subject:
We should have a third option, "I don't do tax returns". I used to get my accountant to do them, and latterly begrudged paying him so did them myself. It was the VAT returns I hated most. Now I dont do any of those.

Fullup

Joined: 09 Dec 2004
Posts: 183
Location: Under water

Posted: Mon Jan 31, 05 10:17 pm Post subject:

Treacodactyl wrote:

I've always used Which? Tax Calc, or Intuit as it is now known, and filed over the web. Unfortuenately they are going to stop making Tax Calc I think.

You're right Intuit have binned the Tax Calc programme and also the Quicken book keeping software. Tax Calc is the one I've used for several years now.

Looks like it's the freebie one on the IR site from now on.

Rob R

Joined: 28 Oct 2004
Posts: 31902
Location: York

Posted: Mon Jan 31, 05 10:53 pm Post subject:

Madman wrote:

We should have a third option, "I don't do tax returns".
I used to get my accountant to do them, and latterly begrudged paying him so did them myself. It was the VAT returns I hated most. Now I dont do any of those.

VAT seems a breeze after finishing the SA

Lloyd

Joined: 24 Jan 2005
Posts: 2699

Posted: Mon Jan 31, 05 10:57 pm Post subject:
Yeah, like the breeze that just left my German Shepherd's backside!....(him wagging tail now)

Gervase

Joined: 17 Nov 2004
Posts: 8655

Posted: Thu Feb 03, 05 5:46 pm Post subject:
The VAT never used to worry me when I did it - it was a heck of a lot more straightforward than 'fill in box W7 with the square root of box K9 divided by your shoe size' malarkey you get with the SA100.

wellington womble

Joined: 08 Nov 2004
Posts: 15051
Location: East Midlands

Posted: Thu Feb 03, 05 9:40 pm Post subject:
No-one. I haven't done it yet. I do it myself, and although my affairs are simple, it is always surprisingly easy. The difficult bit is finding all the right bits of paper. I keep records for the income, but I can never find the right payslips or P60 etc etc. I'll do it at easter - it's already late, and I reckon I don't owe them anything anyway! At the moment, weekends are a bit precious.

jema
Downsizer Moderator

Joined: 28 Oct 2004
Posts: 28248
Location: escaped from Swindon

Posted: Thu Feb 03, 05 9:46 pm Post subject:

wellington womble wrote:

No-one. I haven't done it yet.

I do it myself, and although my affairs are simple, it is always surprisingly easy. The difficult bit is finding all the right bits of paper. I keep records for the income, but I can never find the right payslips or P60 etc etc.

I'll do it at easter - it's already late, and I reckon I don't owe them anything anyway! At the moment, weekends are a bit precious.

Don't you get a �100 fine for being late?

jema

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